Second round of January Social Security payments goes out in five days

The second round of January Social Security payments for retirees, now capped at $5,108, will be issued in five days.

Retirees born between the 11th and 20th of a month will receive this payment on Jan. 21. 

The first round of payments went out on Jan. 14 to recipients born on or before the 10th of a month, and a third round will go out on Jan. 28 to those born after the 21st of a month.

When am I eligible?

Citizens are eligible for Social Security payments beginning at 62 years old.

How can I maximize my check?

Social Security payment amounts are determined by several factors, including age of retirement, the amount paid into Social Security, and the number of years paid into Social